US100 2H Bullish F/G Index98Investors’ focus is now on the May core PCE data, scheduled for release at 12:30 GMT on Friday. Economists predict a 0.3% increase in the core PCE price index, with an annual growth rate of 4.7%. This data will play a crucial role in shaping the Federal Reserve’s future interest rate policy decisions.
Treasury Yield Volatility Expected
U.S. Treasury yields have risen as investors brace themselves for the PCE data, which is the Fed’s preferred inflation gauge. The 10-year Treasury yield is up over three basis points to 3.8858%, while the 2-year Treasury yield has also increased by more than four basis points to 4.9268%.
Trend Bullish
F/G 98
Volatility low
Us100
Nasdaq US100 long Aim for Strong Monthly Performance Aim for Strong Monthly Performance Ahead of PCE Data
Looking at the second quarter, the S&P 500 has risen 6.99%, set for a third straight quarter of gains. The Nasdaq boasts a gain of 11.2%, marking back-to-back positive quarters. The Dow has jumped 2.55%, also heading for a third winning quarter.
US100 Technical Analysis! SELL!
My dear subscribers ,
US100 looks like it will make a good move, and here are the details:
The asset is approaching an important pivot point 15140.1
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Target - 15002.4
Recommended Stop Loss - 15217.8
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
Tesla may reverse from hereBased on the analysis, it appears that Tesla's stock price has gone through a specific pattern known as the Elliott Wave Theory (i,ii,iii, and iv looking to be completed. This theory suggests that markets move in predictable patterns consisting of five waves in the direction of the main trend and three waves against the trend. In this case, you're indicating that Tesla's stock has completed its 4th wave, which retraced approximately 38% of the prior price move.
If this analysis is accurate and Tesla's stock price is following this Elliott Wave pattern, it suggests that the stock might be preparing to enter its 5th wave. The 5th wave is typically an upward-moving wave that aligns with the overall trend of the stock. The upside may be 300-317-335 $.
However, it's important to recognize that Elliott Wave Theory, as well as the use of Fibonacci retracements, relies on interpreting price charts and patterns. While these tools can provide insights into potential price movements, they are not foolproof predictions. Market behavior is influenced by a multitude of factors such as news, events, economic data, and overall market sentiment. These factors can lead to unexpected price movements that may deviate from the predicted patterns.
Disclaimer : As a reminder, trading and investing come with inherent risks. Decisions should be made with careful consideration of various factors, including both technical analysis (like Elliott Wave Theory and Fibonacci retracements) and fundamental analysis (such as a company's financial health, competitive landscape, and industry trends). Consulting with financial professionals, conducting thorough research, and implementing risk management strategies are advisable before making any investment decisions.
US100 Will Go Down From Resistance! Short!
Take a look at our analysis for US100.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 15060.4.
The above observations make me that the market will inevitably achieve 14257.5 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Like and subscribe and comment my ideas if you enjoy them!
The Illuminated Ascension of the Market.Since I presented my bearish prophecy, I've traversed the vast expanse of financial data in search of the Achilles' heel to counter my own narrative. The cosmos itself has conspired this evening to bestow upon me the final pieces of this intricate puzzle.
On the ominous date of 8-18, a staggering 70% of market contracts bow to the bearish sentiment. This, I postulate, is the very reason for a tight squeeze leading up into this date – a sly play to ensure the bears' demise, leaving their positions reduced to mere ephemeral memories. (Forgive my wickedness, for in the end, it's merely the cutthroat dance of commerce).
As the sands of time flow and we bid adieu to 8-18, expect a swift downturn; a mere blip, a hiccup if you will. But fear not, for the hungry wolves shall quickly gather to devour this dip, leading us into the waning days of August and the dawn of September.
Post the ritualistic dance of the wondrous blue moon, brace for a cosmic parabolic squeeze ascending towards the 9-15 expiration - ensuring the bears are banished into the void eternally.
Upon the ethereal touch of 17.2k, my machinations will recalibrate.
Godspeed on your cosmic journey, astral adventurers.
💜✨🌙✨🌌✨🌙✨💜
US100 Buyers In Panic! SELL!
My dear subscribers ,
US100 looks like it will make a good move, and here are the details:
The instrument tests an important psychological level 15032.0
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Goal - 14898.9
Recommended Stop Loss - 15107.4
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
US100 Bearish Move hello traders so after doing a quick analysis on us100 it appears the it might be going bearish next week.
first we have the price closed below a raising trendline with a inversed hammer on one of the candles.
it also closed below a support level.
we have the rsi indicating bearish signs .
this is just my personal opinion not financial advice trade safe !
US100 NAS100 Technical Analysis and Trade IdeaIn this video, we closely examine the US100 NASDAQ, which is currently experiencing a distinct downtrend. We don't see any indications of the trend shifting in the near future. Additionally, we delve into the potential of a pullback and identify an optimal entry point short for the NAS100.
Please note: This content is intended solely for educational purposes and should not be interpreted as financial advice.
NASDAQ hit the 1D MA50 for the first time since March!It's been almost 1 month since we last gave a signal on Nasdaq (NDX), hitting the 15900 target (chart below):
The setting is different now, as the index hit yesterday its 1D MA50 (blue trend-line) for the first time in almost 5 months (since March 15). This isn't a buy signal yet as yesterday's 1D candle closed marginally below it. Another candle closing below it, will be a sell signal targeting the bottom of the long-term Channel Up pattern and Support 2 at 14690. That will be an excellent buy entry (target 15950) but will be invalidated if the price closes a 1D candle below the 1D MA100 (green trend-line), in which case we will sell again and target Support 3 at 14240.
If however we get a 1D candle close above the 1D MA50 before a second below it, we will buy instead and target the 15950 Resistance, as in that case it will look like the March 13 bottom fractal.
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Update with full count TSLAElliott Wave Theory , which is a technical analysis approach used to analyze and forecast financial market trends. The text seems to be describing the potential Elliott Wave pattern of Tesla's stock price movement.
AT the low of $101.86 Tesla has formed its bottom, which is higher degree wave II .
This means that at a price level of 101.86, Tesla's stock reached what is considered a significant low point. This low point is identified as a higher-degree "wave II." In Elliott Wave Theory , higher-degree waves are larger in scale and represent broader market trends.
Thereafter it formed higher high and higher lows and formed miner degree waves 1, 2, 3, and it is under miner degree 4 as of now and 4th wave seems to be under completion.
After the higher-degree wave II, Tesla's stock price started to form a series of smaller movements: higher highs and higher lows. These smaller movements are referred to as "minor degree waves." Tesla has completed minor degree waves 1, 2, and 3, and is currently in the process of completing minor degree wave 4. This indicates a series of price movements within the broader trend.
We expect the higher degree (1) will complete near the minor degree 5th wave target of $335.
Once minor degree wave 4 is completed, the stock's price will likely move upward, forming a higher-degree wave (1). This higher-degree wave (1) is expected to reach a target price of $335. In other words, the stock's price is predicted to rise in a significant movement.
After completing wave (1), it will move for wave (2) with a target price of $191.
Once the higher-degree wave (1) is completed, there will likely be a corrective movement in the form of higher-degree wave (2). This corrective wave (2) is projected to have a target price of $191, indicating a temporary decrease in the stock's price after the expected rise of wave (1).
Disclaimer: Financial markets are subject to significant volatility, uncertainty, and various external factors that can impact price movements. Any investment decisions made based on the information in the chart are at your own risk. Before making any financial decisions, it is strongly recommended that you conduct thorough research, seek advice from qualified financial professionals, and consider a range of reliable sources.
The use of technical analysis tools such as Elliott Wave Theory involves a degree of subjectivity and interpretation, and past performance is not indicative of future results. All investments carry inherent risks, and there are no guarantees of specific outcomes or returns.
NAS100 6/8/23NAS100 giving us a very nice sell range here which carried across from last week we have a lot of confluences for this setup and overall we are looking for it to play out the only thing that tells us we might not get to our entry point is the fact that we are pushing on the swing low already if we are to break this then the setup will become invalid but it will provide us with a new swing high that essentially has a lot of confluences with it as well. overall we want to see the liquidity swept out of the high of our range tapping us into a high volume New York order block which is yet to be mitigated, now we're going to look to sell this lower down to our swing low which is our overall target for liquidity.
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
NQ1! NAS100USD NASDAQ 2023 AUG 07
NQ1! NAS100USD NASDAQ 2023 AUG 07
Last week, Short from 15904 resistance was good.
On weekly TF, market has closed below trend line.
Watch market's reaction to the trendline.
Possible Scenarios:
1) Short on retracement / rejection of 15511 level
2) Market does a spring and returns into rotation (grey box area), and target
can be 50% of rotation range, or trial to upper boundary of rotation
Price Reaction Levels
Short on Test and reject | Long on Test and Accept
16029 - 15904 15511 15118
*Longer term: 13350 needs to be supported for long trend to be intact.
Price/Volume/Trend Analysis:
Weekly: NTC Ave vol down bar, and bar also closed below weekly trendline
Daily: NTC ave vol down bar | Lower High
*NTC = Non-Trend Changing | PTC: Potential Trend Changing
Like and follow if you find this useful | *For education purpose only.
Have a profitable trading week.
NASDAQ near the MA200 (4h). Still a buy.Nasdaq is approaching the MA200 (4h) which is untouched since May 4th.
This is the natural technical Support that rests now exactly at the bottom of not only the recent Rising Support but also the 5 month Channel Up.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 16500 (Fibonacci 2.0 extension, same as July rally's target).
Tips:
1. The (4h) MACD is repeating almost an exact sequence as June 16th-July 10th. This is how the Fibonacci 2.0 target is derived. You can confirm your buy entry with the next Bullish Cross.
Please like, follow and comment!!
Notes:
Past trading plan:
US100 NAS100 Technical Analysis and Trade IdeaTaking a look at the US100 we can see that this is starting to retrace. Evident on the chart also is a wedge pattern where we see lower highs and higher lows. Whether we see further downside given the lower highs remains to be seen. In the video we look at a possible trade opportunity as this heads into key support levels. As always everything explained in the video, and not to be construed as financial advice.